Chase’s Quarterly Rotating 5x Bonuses Announced: Grocery And Streaming Services

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The Chase Freedom FlexSM earns 5% cash back on up to $1500 in eligible combined purchases in rotating categories, 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1% on all other purchases.

There’s an initial offer to earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.

For the third quarter – July 1, 2021 through September 30, 2021 – Chase Freedom FlexSM and the legacy Freedom card earn 5x at grocery stores (excluding Target and Walmart) and select streaming services.

The $1500 in a quarter of spend at 5x is 7500 points or 6000 more than you’d otherwise earn with the card. Do this each quarter and you’re picking up 24,000 extra points per year.

Registration for this quarter’s 5x categories is required, starting in a day or so.

While Chase Freedom FlexSM points do not transfer directly to airline or hotel programs, you can combine them into a Chase Sapphire Preferred® Card or Chase Sapphire Reserve® account, and from there to participating airline or hotel loyalty programs.

I love earning 5 points per dollar spent in several categories that I’m able to move to United, Singapore, or Hyatt along with other Chase partners (or you can use them towards the Sapphire Reserve/Preferred’s ‘Pay Yourself Back’ feature for statement credits against eligible spend). Of course Chase’s 5/24 applies, you can generally only get approved if you’ve had fewer than 5 new cards in the last 24 months.

I have intended to convert my legacy Freedom card to a Chase Freedom FlexSM. I really don’t have a good reason not to.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.

Comments

  1. Only good reason to keep the legacy card over the flex is that it’s a visa vs mc. When the rotating category is warehouse clubs it’s easier to use visa at Costco.

  2. What Tom said and I also noticed that the Chase deals are different for the two cards. I was going to cancel my original Freedom card but now, I’m going to keep it.

  3. Has anyone successfully converted the legacy card to the new one? I’ve tried but been told you can’t product change V to MC

  4. Why would you product change? If you’re under 5/24, apply for the Flex and get the bonus, duh.

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